18 June 2015 – UK Gaming License ApprovaL
Approval has been granted for the company’s UK remote operating license from the UK Gambling Commission. New regulations were introduced into the UK on 1 November 2014 requiring UK facing gaming companies to apply for a UK-market gaming license. Since then NetPlay TV operated under a continuation license for its UK facing gaming services, having previously operated under an Alderney gaming license. We would have been very surprised had the license not been granted but this does provide further clarity on the company’s future. We rate the shares as a BUY.